Quote from @Brendan Jones: I am very new to learning about real estate and am looking for advice on my first home and how I can best use it to help offset my mortgage and generate cash flow.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

I learned enough (in summary) what they needed to do their job in getting my funding to make it easier on myself.

I’m also passionate about learning more about investment opportunities in the U.S. and overseas as a Canadian investor.I've been with BP for about 6 years I think, but was never part of the forum and chats.

I just started learning about wholesaling, so I don't know how things actually work.

For example, I think a good way for me to start in real estate is to learn everything I can about underwriting, then find 1-3 properties on which I think the numbers make sense and post them here for feedback from more experienced members.

Lessons learned?

The best way to learn about how to really invest in real estate is to read books, listen to good podcasts, and pair that with going to in-person meetups so you can see people just like you, married with 3 kids, who are making it work for them.

Watching your moves like a hawk and hoping to learn more lol thank you friend.

I enjoyed reading about your first year of investing—it’s clear how much you’ve learned.